Shares

Back in May 07, I was study some penny stocks in SGX based on basic Fundamental Analysis. After the screening I’ve decided to buy HTL, HG Metal & AEM. My initial investment is small and the commission charge is bit high as compared t my total investment amount. I try to convince myself I’m those BUY & HOLD type of investor.

After I bought HTL@0.885, I realized that HTL actually is facing some profit margin warning due to the price hike of leather raw materials. The price seldom move up but downward till 0.825. I’ve decided to sell at 0.885 on June. This one I lost commission charges only.

Bought AEM@0.18 when the company is under CPIB investigation. I think it’s a opportunity for buying because this counter has quite decent fundamental.

Bought HG Metal@0.455 because hope can ride on the wave of property boom. And of course it has good fundamental as well. Hope the Iskandar Development Region can really take off as HG Metal bought a big piece of land there.

Hope I can get the profit before the Bull end.

Mutual Funds

Start to think to invest some money into unit trust in equity market which just recovered back from a few days downfall. Really do not know whether it is a good decision, but for sure I know it’s a from heart one. By taking advices from books to forums, we all knew that we must make sure we’re insured before going into investment. The next important thing is the reserve for rainy days, it will range from 6 months to a year’s fixed expenses such as mortgage repayment, insurance premium, monthly basic needs and etc.

Actually I already got a RSP on Investment-Link unit trust although the RSP amount is merely 100 monthly. Hope I’ll be reward handsomely for my ‘virgin’ investment